How do I get a Colorado real estate license?
For first-time licensees, the following steps are necessary to get your Colorado real estate broker license.
How long does it take to get a Colorado real estate license?
After completing the Pre-Licensing requirements set forth by Colorado’s Division of Real Estate, the Division estimates 10 days’ processing time to get your license, and longer for background check delays. The time it takes to complete the Pre-Licensing requirements is dependent on each candidate’s individual circumstances. The Pre-Licensing education requirement of 168 hours for new licensees and the background check are the two most time consuming factors.
How much does it cost to get a Colorado real estate license?
The fixed costs involved in getting a Colorado real estate license include:
- Broker License Application Fee – $485.00
- Broker Examination Fee – $90.00
- Colorado Bureau of Investigation (CBI) fingerprint submission fee – $39.50
Note: These costs are subject to be changed by the state at any time.
Variable costs include tuition and fees for Pre-Licensing education and vendor fees for obtaining fingerprints.
I’m an attorney in Colorado. Are my requirements different?
The Pre-Licensing education requirement is different for actively licensed attorneys and consists of only 12 hours (in Trusts Accounts, Closing & Recordkeeping). Proof of law license must be provided with course completion in the license application.
Attorneys must take the broker licensing exam, complete the background check requirement, acquire Errors and Omissions insurance, and apply for their license through eLicense with the Colorado Division of Real Estate’s Online Services.
Is there a time limit between completing the state exam and applying for licensure?
You have one year from the time you complete your licensing exam to apply for your Colorado real estate broker license. After one year, broker candidates must retake the exam before applying for their license.
How old do you have to be to get your CO real estate license?
You must be 18 years old to become a licensed real estate agent in Colorado.
What courses are required for a Colorado real estate license?
The state of Colorado requires 168 hours of approved Pre-Licensing education.
How much Continuing Education do I need as a Colorado real estate licensee?
Every Colorado broker must complete 24 hours of real estate instruction approved by the Colorado Division of Real Estate. Colorado CE credits must be completed every three-year license renewal period.
What is the average salary for a Colorado real estate agent?
Multiple factors are taken into account for average real estate salaries, including the number of real estate transactions and commission fees. On average, a full-time real estate agent in Colorado can expect to make between $70-80k per year, according to ziprecruiter.com. Among higher earners, Colorado real estate agents can earn over six figures annually.
Do you need to have a diploma or GED to get your CO real estate license?
No, you do not need to have a high school diploma or GED to apply for a real estate license in Colorado. The only requirement is that you are at least 18 years of age or older.
Can a felon get a CO real estate license?
Being convicted of a crime might impact your ability to become licensed. Please contact the CO Division of Real Estate for more information. You can also visit this document from the state that includes more information on criminal convictions.
How do I prepare for my Colorado real estate test?
The best way to prepare for an exam is to practice, practice, practice. Here are some other tricks that can help you prepare for the Colorado real estate test:
- Write the information down
- Familiarize yourself with Colorado’s handbook
- Relax
- Try memory devices and word associations
If you want additional help passing your real estate exam, we offer Exam Prep Edge, a comprehensive exam prep tool tailored to Colorado.
Can I get my Colorado real estate license online?
Yes, the state of Colorado allows future agents to earn their real estate license online. If you’re interested in getting your Colorado real estate license online, learn more about your available options.
Does Colorado have real estate license reciprocity with any other states?
Agents are eligible for reciprocity in the state of Colorado if they've been licensed for two years in a different state. However, applicants must pass the Colorado portion of the real estate exam and apply through the Colorado Division of Real Estate.
Many agents benefit from learning more about the nationwide reciprocity and portability rules across the nation.
